The average rent in North East England is £572 according to a survey of properties carried out by HMRC's Valuation Office Agency between September 2020 and September 2021. Between the years ending September 2020 and September 2021, average rents in North East England grew by £23. Compare average rent by area.
North East England's average rent of £572 is £326 lower than the £898 average rent in England. North East England is the 9th most expensive region (of 9 total) based on average rent price.
The average rent growth rate in North East England between the years ending September 2020 and September 2021 was 4.2%. If rents continue to grow at this rate, average rents will reach £674 by 2025.
The average cost of rent in North East England varies depending on property type, prices start at £378 for a single room and rise to £1,127 for a house with four or more bedrooms.
Rental data for North East England is based on a sample that may change over time. Some differences in trends may be due to changes in the sample rather than true changes in the rental market.
Within each property type, rent price can vary depending on variables such as property size and condition of fittings. For example, the lower quartile rent for two bed flats in North East England is £425, increasing to £575 for the upper quartile rent.
Based on the 23,690 properties surveyed, the most common type of rental property within North East England is 2 beds, which account for 49.0% of properties. In England, the most common type of property is 2 bed flats, which account for 42.1% of the rental market stock.
The least commonly available type of rental property is Studios, which account for 0.9% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.
The cheapest rents in North East England are found in Middlesbrough, where the average cost of rent is £492. In the past year, rents have changed by 0.2% in Middlesbrough (compared to 4.2% in North East England)
The most expensive rents in North East England are found in Tyne and Wear, where the average cost of rent is £662. In the past year, rents have changed by 5.4% in Tyne and Wear (compared to 4.2% in North East England)
YoY CHANGE in AVERAGE Rent
|1|| Tyne and Wear |
|2|| Stockton-on-Tees |
|3|| Northumberland |
|4|| County Durham |
|5|| Redcar and Cleveland |
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics